Finally… a home that gives you MORE than you expect at a price point that’s getting harder and harder to find! This is your opportunity to step into homeownership with a property that lives BIG, offers incredible usable space inside and out, and gives you room to grow into over time. Located at the base of the gorgeous San Bernardino foothills, this thoughtfully upgraded home has a floorplan that feels much larger than the square footage suggests, creating a comfortable flow that just feels right the moment you walk in. Whether you’re hosting friends for BBQ nights under the patio lights, parking all the toys, or simply enjoying your own private space, this property delivers versatility that’s hard to find in this price range. Love convenience? You’re just minutes from the 210 Freeway for commuters, plus close to shopping, restaurants, and everyday essentials. And when you need a quick escape? Crestline, Lake Arrowhead, and Big Bear are just a short drive away — because mountain air and lake weekends should absolutely be part of your lifestyle. Updates include solar (lease), roof, A/C and ductwork, quartz kitchen counters, updated bathroom, high-end security screens on rear windows (beautiful and pretty much indestructible!), backyard turf landscaping, and a large covered patio with leaf filter gutters and built in lighting that creates the perfect vibe for entertaining or relaxing after a long day. The exterior is where this property really starts flexing its potential — featuring a large gated front yard, extensive concrete work, drive-through single carport with front garage door access, plus an oversized detached 2-car garage in the rear for an additional 250 Sq Ft of space, with tons of flexibility for storage, hobbies, projects, extra parking, or future ideas. There’s room here to make this property fit YOUR lifestyle. Homes that combine affordability, functionality, upgrades, commuter convenience, and this much usable outdoor space don’t come around often — and buyers know it. Come see why this property feels like so much more than just another house… it feels like opportunity.
Roam is your trusted partner for affordable home ownership. We help manage the assumption process from start to finish, enabling homebuyers to easily purchase their next home with a low-interest rate mortgage attached.
To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50% max under FHA guidelines. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.
An assumable mortgage is a type of home loan that allows a homebuyer to take over the existing mortgage terms from the seller, with no cost to the seller. Many government-backed loans, such as FHA and VA loans, are eligible for assumption, and millions of these mortgages are available.
When interest rates on mortgages are high, assuming a mortgage with a rate as low as 2% allows buyers to save up to thousands monthly compared to buying a home with a traditional mortgage at today’s average rates of 7%. A low-rate assumable mortgage could be the key to finding your dream home at an affordable price.
Roam has compiled available listings with low-rate assumable mortgages for you to browse. To get started, enter the city, state, zip code, or school district you’re interested in purchasing in. Utilize the search filters to narrow down your search. Click “Save search” to save your search preferences and activate listing notifications—we’ll email you as soon as new listings match your criteria.
Once you’ve found your dream home and ready to make an offer, schedule a call with a Roam Advisor directly from the listing. Your Roam Advisor will guide you through each step of the process, while also working directly with your agent, the servicer, and the seller to ensure you close on time.
When assuming the existing mortgage as part of a home purchase, the buyer has to cover the seller’s equity in the home. The seller’s equity is the purchase price minus the remaining mortgage balance. This amount must be covered in full through an all-cash down payment or by taking out a second mortgage.
Yes. Non-veterans can assume a VA loan, provided they meet the lender’s VA criteria. When a qualified buyer assumes a VA mortgage from a veteran or active-duty service member, the seller’s VA loan entitlement remains tied to the assumed loan until the buyer pays off or refinances the loan. This process restores the veteran seller’s entitlement, enabling them to use their VA benefit for a future home purchase.
Yes. All FHA loans are assumable by law as long as the buyer meets the FHA’s credit, income, and qualification requirements and obtain lender approval before assuming the loan (per FHA regulations effected December 15, 1989). Roam makes this process simple for buyers.
Generally, conventional loans are not assumable. In rare cases, a conventional loan may be assumable with lender approval. Use our search tool to find homes with assumable low-rate loans, or reach out to us if you’d like to confirm a specific home’s assumability.
